TITLE

WORSE IS YET TO COME

AUTHOR(S)
Shilling, A. Gary
PUB. DATE
September 2008
SOURCE
Forbes Asia;9/29/2008, Vol. 4 Issue 16, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the phases of the financial crisis effects in the U.S. In phase one, housing collapse due to increasing home prices. In phase two, many financial firms have declared bankruptcy like Lehman Brothers and have big quantity of debts. On phase three, U.S. gross domestic product has gone down and in phase four, U.S. economic crisis will affect the globe if recession persists.
ACCESSION #
34939252

 

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